BA stock, with -32% returns since the beginning of 2024, has significantly underperformed the S&P 500 index, up 27%.
Boeing's focus on core values and product-driven turnaround under CEO Kelly Ortberg offers promising long-term potential for investors. Read more on what's ahead for Boeing in 2025.
Ortberg said the company's 737 Max deliveries will likely reach the "upper 30s" this month, up from 17 in December. "We're a little ahead of where I expected," he told CNBC's "Squ
The loss demonstrates the challenges facing CEO Kelly Ortberg in turning around the planemaker as it cedes more ground to rival Airbus.
Boeing’s stock rose after the company said it may be streamlining its business, which could include the selling of some assets in the coming months or year.
Ryanair is confident that Boeing will ramp up its production of 737 MAX jets to 38 per month this summer and that it will be allowed by the administration of U.S. President Donald Trump to then increase that to 42,
Elon Musk is working with Boeing on behalf of President Donald Trump in order to speed up replacements for the president’s planes, known as Air Force One, that are over budget and behind schedule.
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer
But Boeing is far down the leaderboard of the longest streaks of red ink in the S&P 500. The industrial parts and repair company DEX lost money for 18 years in a row before turning profitable in 2019. SBA Communications and LiveNation are tied for second with 17-year runs of red ink that are thankfully over.
Boeing CEO Kelly Ortberg said on Tuesday he is "not too worried" about the Trump administration's threats to impose tariffs on trade partners, including countries that are important parts of Boeing’s far-flung supply chain.
In an interview with The Seattle Times after reporting grim financial results early Tuesday, Kelly Ortberg said that six months into the job, he thinks Boeing is "starting to turn the corner."